June 17, 2008 — Rockhaven Resources Ltd. (TSX-V: RK) is pleased to announce the closing of a non-brokered private placement of $650,000 through the sale of 1,000,000 flow-through units (“FT Units”) at $0.65 each to the MineralFields Group, as originally announced on May 29, 2008. Each FT Unit consists of one flow-through common share and one-half (1/2) of a share purchase warrant, with each whole warrant entitling the holder to purchase one common share at a price of $0.85 until June 13, 2010. The proceeds from this private placement will be used to fund exploration on Rockhaven’s Groundhog property and to diamond drill its Zap property.
In connection with the closing disclosed above, Rockhaven has issued to Limited Market Dealer Inc. finder’s options entitling it to purchase up to 80,000 units at a price of $0.65 per unit until June 13, 2010, with each unit to consist of one common share and one-half (1/2) of a share purchase warrant, with each whole warrant to entitle it to purchase one common share at a price of $0.85 until June 13, 2010
All of the securities issued in connection with the closing of this private placement, including the securities issued in payment of the finder’s fee, are subject to a hold period in Canada until October 14, 2008.
Robert Carne, the President of Rockhaven, states: “We are very pleased to be commencing our relationship with the MineralFields Group. This is an important milestone in the growth of Rockhaven, and we look forward to working with the MineralFields Group.”
About MineralFields, Pathway and First Canadian Securities(r)
MineralFields Group (a division of Pathway Asset Management) is a Toronto- and Vancouver-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com
First Canadian Securities (r) is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both within, and outside of, MineralFields Group.
For updated information concerning Rockhaven Resources Ltd. or its various exploration projects please visit our website at www.rockhavenresources.com
Rockhaven Resources Ltd.
ROCKHAVEN RESOURCES LTD.
Per: Robert C. Carne, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OF THIS NEWS RELEASE.
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